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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. david: time for a quick speed read. first up the congressional budget office estimates a federal budget deficit at $1.1 trillion. the fourth straight year of trillion dollar deficits. it was a slight improvement from the 2011 deficit of $1.3 trillion. starbucks will add 1,000 stores in the u.s. over the next five years. the coffee giant's ceo said the expansion will add total of 20,000 jobs that. is good news. >>> california gas prices increased 36 cents in one week. the average price of regular gas across the state is $4.49 a gallon the highest in the nation. >>> dave and buster's halts plans to launch a initial p.m. ofsh. yesterd
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. david: time for a...
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that protects the environment and we produce more energy, domestic energy an jobs from this country. melissa: can you tell me physically what takes the process so much longer? is it your filling out pieces of paper you send them in and don't hear back forever? what in the permitting process takes gap 10 days, couple days in one situation and 290 days in the other? what is it? >> melissa, frankly it is federal bureaucracy. it is red tape. it is epa. bureau land management. what they're doing, they have got a very lengthy, extensive and uncertain permitting process that ties up industry for no real benefit that means less domestic oil, less domestic energy and fewer jobs. melissa: so what's the answer? is it no permits at all? is there a way to expedite the process? do you do the permits locally? what's the answer? >> well, that's, i appreciate you asking that question. that's my point. here in the state of north dakota we're a good example. on private lands we get the wells permitted in 10 days. with the legislation i put forward, empower states act, i have senator mikulski and rankin
that protects the environment and we produce more energy, domestic energy an jobs from this country. melissa: can you tell me physically what takes the process so much longer? is it your filling out pieces of paper you send them in and don't hear back forever? what in the permitting process takes gap 10 days, couple days in one situation and 290 days in the other? what is it? >> melissa, frankly it is federal bureaucracy. it is red tape. it is epa. bureau land management. what they're...
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Oct 5, 2012
10/12
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WUSA
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. >> yes, we're finally below that 8% level but it's still indicative of a slow-growth environment. >> reporter: michelle mier is senior u.s. economist for bank of america. 100,000 plus jobs is healthy but not impressive. >> and think about what we've come off of, the deepest postwar recession and adding about 100,000 or so jobs a month. it's not sufficient. >> reporter: much of the drop in the unemployment rate is due to the growth in part-time jobs. >> . >> i didn't even get responses to my resumes. >> reporter: 56-year-old amy crawford was forced to take a minimum wage job in a chicago restaurant. when she couldn't find full time work as a home designer. >> i'm almost at a bird in the hand is worth two in the bush. i'm not confident in the economy. >> reporter: 40% of the unemployed have been out of work six months or more. that number did not drop last month. fed chairman ben bernanke said this week his concern is that growth just isn't fast enough to put people back to work. >> pelley: anthony, you mentioned that about 150,000 jobs are being created each month lately. what kind o
. >> yes, we're finally below that 8% level but it's still indicative of a slow-growth environment. >> reporter: michelle mier is senior u.s. economist for bank of america. 100,000 plus jobs is healthy but not impressive. >> and think about what we've come off of, the deepest postwar recession and adding about 100,000 or so jobs a month. it's not sufficient. >> reporter: much of the drop in the unemployment rate is due to the growth in part-time jobs. >> . >>...
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i mean, this hostile environments wherever we go on the road and definitely different from regular season, even though you have to kind of treat it as if it's the same. >> winning is not easy. winning the whole thing is tough. it takes a lot. so we're in good position. we've come this far, and, you know, we're here. we've got a chance. >> two on the road, the nats first home game will be on wednesday. >>> the birds are hoping to take that oriole magic on the road. o's know where they're going, to texas, for a wildcard showdown with the rangers. first pitch 8:30 tomorrow night. alfred morris and the redskins are hosting the falcons on sunday. skins come in with the league's top-ranked rushing attack. rg3 is getting headlines for his runs but it's morris, the other rookie, on pace for 1500 yards this season. the sixth rounder may be the surprise find of the draft, but mike shanahan knew he was special from the get-go. >> you could see right away that he had a natural feel, he could make people miss. i liked the way he practices every day because he comes out there with the mindset that he's
i mean, this hostile environments wherever we go on the road and definitely different from regular season, even though you have to kind of treat it as if it's the same. >> winning is not easy. winning the whole thing is tough. it takes a lot. so we're in good position. we've come this far, and, you know, we're here. we've got a chance. >> two on the road, the nats first home game will be on wednesday. >>> the birds are hoping to take that oriole magic on the road. o's know...
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Oct 5, 2012
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as traders, we like this volatility kind of in a range-bound environment, so this could be an interesting back-and-forth action until the election. > > have a great day. that's tim biggam of tradingblock. > > thank you angie. thanks for watching today. coming up next week: you don't hear this very often, but a number of investment managers believe the economy is getting better. wait till you hear why they are very bullish on the economy and the stock market. and maybe you should be too? from all of us at first business, enjoy your weekend! >>> we're live in san francisco where the entire police force will be out on the streets this weekend. we'll tell you why extra officers are needed for events planned. >>> the steps bay area transit agencies are taking to make it easier for people to get around during this very busy weekend. >>> a and coup l rob -- and a couple robbed at a bart station overnight. how the two suspects ended up in the hospital. >>> good morning. thank you for joining us on this friday morning, october 5th i'm pam cook. let's find out if it will cool down some more. steve
as traders, we like this volatility kind of in a range-bound environment, so this could be an interesting back-and-forth action until the election. > > have a great day. that's tim biggam of tradingblock. > > thank you angie. thanks for watching today. coming up next week: you don't hear this very often, but a number of investment managers believe the economy is getting better. wait till you hear why they are very bullish on the economy and the stock market. and maybe you should be...
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for women, but it doesn't necessarily mean special environment. >> reporter: yahoo! hired mayer as a its ceo in july knowing she was pregnant. mayer plans to be back in the office within one or two weeks. that, too, is generating flap. >> we should be sending the message that women need more maternity leave and better benefits and need more time. they need a workplace that understands that this is a period of time that women need to be with a baby. >> reporter: all this criticism could make the corner office look real good to mayer. >> mommies are hard on each other. mommies are very tough. a lot of criticism probably for everything she does, while being a mommy. >> yahoo! did not respond to a request for comment from nbc news. >> all right, so, you ready for the big chill coming our way? >> no, i'm not. not yet, but i'm going to go find the coat tonight. >> i think most people would say, richard and pat, that they're not ready. i'm not ready either. i think maybe the trees may be ready because look at that, great fall color out there right now. this is new river gor
for women, but it doesn't necessarily mean special environment. >> reporter: yahoo! hired mayer as a its ceo in july knowing she was pregnant. mayer plans to be back in the office within one or two weeks. that, too, is generating flap. >> we should be sending the message that women need more maternity leave and better benefits and need more time. they need a workplace that understands that this is a period of time that women need to be with a baby. >> reporter: all this...
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Oct 5, 2012
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. >> it is unfortunate for the put them in an unsafe environment. >> police went to her home after a tip of possible child neglect. they found six children under the age of two, three of them a room all along. >> the cannot walk or talk. they cannot let you know that something is the matter. home butt by her nobody answered the door. we found a web site for the day care that says they are trained cpr and first-aid. police say do not be fooled. should do some digging. >> if they are caring for more children, they have to the state. with the parents need to do their homework, the background and jack. -- and check. >> the suspect, tara loop, has with four counts of cruelty and injuries to children. >> much more still to come. the daring rescue of a woman burning home. >> that we will show you the latest trend in housing. hello, micro homes? >> baseball fever in the district. >> and a meningitis outbreak is growing as we i don't spend money on gasoline. i am probably going to the gas stati abt once a month. last time i was at a gas station was about...i would say... two months ago. i ve
. >> it is unfortunate for the put them in an unsafe environment. >> police went to her home after a tip of possible child neglect. they found six children under the age of two, three of them a room all along. >> the cannot walk or talk. they cannot let you know that something is the matter. home butt by her nobody answered the door. we found a web site for the day care that says they are trained cpr and first-aid. police say do not be fooled. should do some digging. >>...
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Oct 5, 2012
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CNBC
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>> think the baseline for us is essentially more of the same, but in an environment in which earnings are still pretty good and interest rates are still very, very low. i think the baseline forecast does support higher equity prices from here. i do think it's quite bimobile. i think that the alternative scenario to the baseline is one that's significantly worse because we do get a much bigger hit from the fiscal side, but on the baseline, it's supportive. >> i'm really quite confused here and the economy created 114,000 jobs and there's so much noise about the various aspects of the survey. and i'm not sure. 114,000 jobs create side bad, isn't it? that's very, very disappointing. >> it's lackluster, i would say. >> don't we have to -- typically say we have to generate 200,000 to deal what's happening with the population. isn't that usually where we are? why are we not there today? >> to keep the unemployment rate stable you need about $100 and the participation doesn't change. anything over 100,000 will push it over time. under 14 it would be extremely slowly so that is bad and, you k
>> think the baseline for us is essentially more of the same, but in an environment in which earnings are still pretty good and interest rates are still very, very low. i think the baseline forecast does support higher equity prices from here. i do think it's quite bimobile. i think that the alternative scenario to the baseline is one that's significantly worse because we do get a much bigger hit from the fiscal side, but on the baseline, it's supportive. >> i'm really quite...
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economic environment remains relatively slow, traders predict new highs for the precious metal could come in the first half of next year. that's if gold is able to break through certain technical levels. >> i think if we can get above $1,816. we should see 19 and a quarter. if we can get above $1,925, then $2,000 is definitely in our sights. >> reporter: experts say one thing that could push gold prices above $2,000 an ounce this year is if president obama is re-elected. the thinking-- the president will keep bernanke employed, which means interest rates stay very, very low. suzanne pratt, nbr, new york. >> tom: stocks moved higher ahead of tomorrow's report on the september job market. the s&p 500 really gained momentum just after 10:00 a.m. eastern time after the commerce department released its report on september factory orders. while total orders were down, it wasn't as bad as feared. the index finished higher by seven tenths of a percent. trading volume held steady on the big board-- 672 million shares. it was just under 1.6 billion on the nasdaq. financials and materials were
economic environment remains relatively slow, traders predict new highs for the precious metal could come in the first half of next year. that's if gold is able to break through certain technical levels. >> i think if we can get above $1,816. we should see 19 and a quarter. if we can get above $1,925, then $2,000 is definitely in our sights. >> reporter: experts say one thing that could push gold prices above $2,000 an ounce this year is if president obama is re-elected. the...
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Oct 5, 2012
10/12
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MSNBC
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we'll see how well romney adapts to that environment. >> i'm hoping candy crowley gets more in there. she's much more political than jim lehrer. she'll say follow up on that, answer it. >> i think she will. she will be aware of all the critique of jim lehrer that's gone on. i think mark raises a very, very good point, as he so often does. the format for the next debate is a format that favors somebody who is more comfortable with people and who is a little more easy. >> can you fake it? >> well, you know, i think this is a form that -- >> can you fake it? >> i think you can fake it a little bit but not very much. i'm not sure mitt romney is going to be able to fake it. i think the president that we saw in denver the day after the debate is the president that we're likely to see in the town hall meeting coming up next time, and you're going to see joe biden unleashed, i think, in the next debate. >> that's going to be fun. >> maybe the most interesting of all of them. >> tout that one this week. biden is twice his age. he's a lot more friendly. he's almost like a big, you know, a big s
we'll see how well romney adapts to that environment. >> i'm hoping candy crowley gets more in there. she's much more political than jim lehrer. she'll say follow up on that, answer it. >> i think she will. she will be aware of all the critique of jim lehrer that's gone on. i think mark raises a very, very good point, as he so often does. the format for the next debate is a format that favors somebody who is more comfortable with people and who is a little more easy. >> can...
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Oct 5, 2012
10/12
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CSPAN2
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it's an environment, nuclear weapons. those are issues that can only be -- [inaudible] in which cooperation between china and united states, that we found consensus? no. but i have participated in many conversations that indicate that it is possible to have such a dialogue, and that also that the alternative, it's really going to be in my view very similar. >> let's go to the middle with a man in a hat. wait for the mic upon. >> i am with national advisory council south asian affairs. i'm reading dr. kissinger's book on china, and on the paging out of chairman, i since one of the reasons might have been is very close relations with you, and his 100% agreement on proceeding with everything that you wanted to accomplish on behalf of the total policy that china and u.s. were following at that time. in other words, to get the soviet union's -- [inaudible] towards china. >> dr. kissinger, the question again is -- [inaudible] >> in conversations that occurred after 1973 of having, to be agreeable to the united states. .. simply
it's an environment, nuclear weapons. those are issues that can only be -- [inaudible] in which cooperation between china and united states, that we found consensus? no. but i have participated in many conversations that indicate that it is possible to have such a dialogue, and that also that the alternative, it's really going to be in my view very similar. >> let's go to the middle with a man in a hat. wait for the mic upon. >> i am with national advisory council south asian...
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Oct 5, 2012
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this is an assignment, the radio and tv environment much like the search engine environment. where competition is a click away. it wasn't a mouse click back and. you have to click the dial on your television set. competition was always a click away. there was no cost to switch and you didn't have to pay to switch. so it was easy to switch into situations and you might say how could the exercise market power. the answer is that you exercise market power to the volume and intensity of advertising. advertising is how you make money, and the value of advertising is how you boost how much money you can make. the easiest is to start i think there's a lot of discussion about whether google has market power in the advertising market. that's an interesting discussion. that's not the place to start. the place to start is in search engines, and we think company with a great successful product of my tech company of market power? if they did have market power, how would they go about exercising at? and the answer is they would have more advertising. they would have more ads and because it
this is an assignment, the radio and tv environment much like the search engine environment. where competition is a click away. it wasn't a mouse click back and. you have to click the dial on your television set. competition was always a click away. there was no cost to switch and you didn't have to pay to switch. so it was easy to switch into situations and you might say how could the exercise market power. the answer is that you exercise market power to the volume and intensity of...
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Oct 5, 2012
10/12
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FOXNEWSW
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the whole environment in hp of freedom, of thinking. the assumption is that sometimes we are going to fade. that's what makes this fascinating because the road is not made. you are making a road. sometimes you take the road back, but you correct it and you reach your goal. >> at hp, he's done innovative work inside the health care and transportation industries, creating models to make them more operational and efficient. but it's his work on the outside nurturing future mathematicians and researchers that is solidifying his legacy. >> we have stories of difficult lives who achieve a goal. what's not so common is to find people who want to give in that way back and he wants to just be part of that to help that happen. >> i am not a religious person, but i start thinking, hey, this math can be applied to create better world. i want to make a difference to hp and make a difference in society, create a better world. >> steve: what a life. he continues to give back to mexico and throughout latin america where he was brought up. over 100 men
the whole environment in hp of freedom, of thinking. the assumption is that sometimes we are going to fade. that's what makes this fascinating because the road is not made. you are making a road. sometimes you take the road back, but you correct it and you reach your goal. >> at hp, he's done innovative work inside the health care and transportation industries, creating models to make them more operational and efficient. but it's his work on the outside nurturing future mathematicians and...
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that is the reality and the political environment in which both men are now running. connell: it is a crazy number but not necessarily a great number. it is 582,000 of 873. you don't have to say the numbers fudge to. it is not that great a number even on the surface. dagen: if you look at these numbers historically they are all over the place. >> the real number is not the official 8% though politically that will give the president some traction. now we are back to the inherited rate which is 7.8. it is perception but remember the real numbers to take a look at is the new jobs created that number 114,000. that is a pathetic number. if i met romney i go to the american people and say president reagan inherited a huge recession. he had a very dire economic crisis. he did the opposite of what president obama did in terms of cutting taxes and reducing government and deregulating and what his recovery look like, month after month of 500, 600, 900,000, over a million jobs in 1983. dagen: back to the original point, mitt romney has to avoid trying to discredit this number. >
that is the reality and the political environment in which both men are now running. connell: it is a crazy number but not necessarily a great number. it is 582,000 of 873. you don't have to say the numbers fudge to. it is not that great a number even on the surface. dagen: if you look at these numbers historically they are all over the place. >> the real number is not the official 8% though politically that will give the president some traction. now we are back to the inherited rate...
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you still have credit conditions that haven't returned to a normal environment. you still have concern over the synchronized global slowdown so steve, i think it's important to put the number into perspective but at the same time, it is showing a bit better news than we would have thought. >> here's a perspective. you can look it up and down and all around but cutting through the data, we're at least 150k per month which is not too bad and i'm not sure gdp is right. this would not be consistent. >> if you showed me 2.5 or 3% growth i'd be excited doing 250s and 300s, that's high, but doing 200s on jobs. we're not doing the growth so i don't expect the jobs. >> the official gdp number is 3.5 to 2 or somewhere in between there. this doesn't feel like a 1.5 to 2% economy. i say it's 2, 2.5, maybe higher. >> depends on productivity, too, that's what's caused this differential between the job numbers and gdp that you had -- >> the current gap between jobs and gdp suggests essentially very little productivity, which would be unusual that it would be this weak. >> what
you still have credit conditions that haven't returned to a normal environment. you still have concern over the synchronized global slowdown so steve, i think it's important to put the number into perspective but at the same time, it is showing a bit better news than we would have thought. >> here's a perspective. you can look it up and down and all around but cutting through the data, we're at least 150k per month which is not too bad and i'm not sure gdp is right. this would not be...
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Oct 5, 2012
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how would you bring back dollars to new jersey in this environment. and what would you identify as the most pressing new jersey project in need of fiscal funding? >> unfortunately, these guys abuse be earmarked process. there were excessive. and of course now we are at a point with our debt problems that we cannot afford them. so i am going to fight tooth and nail -- within the confines of form and other plans that exist for people to compete. and i am going be very active around the state. we lost a big army base. people all around new jersey. sure where you were in that fight. i did not see you. we lost that base. lost those jobs. they moved to aberdeen, maryland and a sky high price tag for the american taxpayer. >> time, sir. >> that is what we have to work for. >> thank you, sir. >> look, joe, you are entitled to your opinion, but not your facts. the reality is that when the base -- i did not have the privilege at the time when that was going under, was going on. so, that is not when you cannot subscribe to me. i joined colleagues who were repres
how would you bring back dollars to new jersey in this environment. and what would you identify as the most pressing new jersey project in need of fiscal funding? >> unfortunately, these guys abuse be earmarked process. there were excessive. and of course now we are at a point with our debt problems that we cannot afford them. so i am going to fight tooth and nail -- within the confines of form and other plans that exist for people to compete. and i am going be very active around the...
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Oct 5, 2012
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KPIX
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on the pro side when you think about the ripple effect of having work, any kind of work in an environment like this it means hopefully you can keep up with your mortgage pay your credit card bills, you can go into the the holiday shopping season and spend a little extra money. we're a consumer-driven economy. 70% of what our economy does comes right back to us and how we behave. >> what is the expectation that this is a trend and we will continue to see a lessening of the unemployment numbers? >> this is where things get a little more questionable. the last three septembers we've actually seen that part-time unemployment number, part-time employment, rather increase. and it's kind of a cyclical thing. we've been seeing this happen over and over again. what we really want to see is those real great full-time jobs getting filled. that's where people are maximizing their salary. that's where people are feeling that they really can move forward and make bigger decisions. such as buying a new home. we've seen in fact construction. the numbers of construction workers came back a little bit in t
on the pro side when you think about the ripple effect of having work, any kind of work in an environment like this it means hopefully you can keep up with your mortgage pay your credit card bills, you can go into the the holiday shopping season and spend a little extra money. we're a consumer-driven economy. 70% of what our economy does comes right back to us and how we behave. >> what is the expectation that this is a trend and we will continue to see a lessening of the unemployment...
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Oct 5, 2012
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we created an environment to create jobs. i want to create that environment for the entire state and have a government of cooperation, not a government of being an adverse rate for our citizens and our small businesses. >> mr. dalton, your response. >> he talks about his wins. in the last election, he lost charlotte and mecklenburg county. for nine straight years while he was mayor, charlotte was the highest tax city in the state and the highest tax city when he left. he took in 19% pay raise. taxes went up. there is no wonder that the people did not voted for him because of some of those things. >> i would like to continue that conversation. i have talked to voters out there who say they are fed up with congress and the state legislature because they do not think you can get anything done. you are not willing to compromise because of partisan politics. can each give me a specific example of somewhere in your years of public life where you have tossed aside partisan politics and gotten something done? >> i helped a city becom
we created an environment to create jobs. i want to create that environment for the entire state and have a government of cooperation, not a government of being an adverse rate for our citizens and our small businesses. >> mr. dalton, your response. >> he talks about his wins. in the last election, he lost charlotte and mecklenburg county. for nine straight years while he was mayor, charlotte was the highest tax city in the state and the highest tax city when he left. he took in 19%...
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Oct 5, 2012
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CNNW
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to your policy. don't forget to ask about saving up to 10% when you combine your auto and home insurance with liberty mutual. security, coverage, and savings. all the things humans need to make our beautifully imperfect world a little less imperfect.
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. humans -- sometimes...
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> just in to the "cnn newsroom," a high court judge in london ordered that radical cleric be extradited to the united states. he will face terrorism charges along with four other suspects. the process begins immediately and the judge ordered that the man cannot appeal. he's accused of helping to start a terrorist camp in oregon. >>> the unemployment rate fell to 7.8%. the figures are roughly in line with what was expected. the jobs number for august was revised up to 142,000. >>> an oil sheen about four miles long has appeared in the gulf of mexico near the site of the worst oil spill in u.s. history. the coast guard says the source of the oil was not immediately clear in september
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> just in to the "cnn newsroom," a high court judge...